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Today's Mortgage Terms starting with S

Second Mortgage:

An additional mortgage that has rights that are secondary to the first mortgage.

Seller’s Market:

Market conditions that are favorable to sellers. There are more buyers than properties available for sale. The buyers may be forced to compete and pay more for the same property.

Settlement Costs:

Money paid by the borrowers and sellers to complete the closing of a mortgage.

Settlement Cost (HUD Guide):

HUD publishes a booklet that gives an overview of the lending process and is given to consumers after completing their loan application.

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Blaine mortgage loan news:
Financial News
Caught Counterfeiting and Man Hit on Highway - Flathead Beacon
1:04 a.m. A tree, then a bunch of trees, fell on a power line near Elk Ridge Road. There were flames. 7:16 a.m. Lotto tickets, among other things, were stolen from a car on Solberg Drive. 9:20 a.m. An elk was injured. 9:42 a.m. There was an abandoned ...

Why Are the Media More Interested in Blago Than in Unraveling the ... - Common Dreams
Have you heard what's going on with the government's almost trillion-dollar bailout and how your money is being spent? Do you know all you need to know about who's managing all that taxpayer money -- and how effectively it's being used? Not if you're ...

Financial freeze stalls developers - Seattle Post Intelligencer
It's been common in recent years for developers to complain about how long government officials take to approve projects. These days, the frozen real estate market has developers trying to stall the process. "Things can go on the back burner and ...

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